Greece could get 11-year period to repay bailout: IMF

The EU and the IMF could extend the period in which Greece must repay its bailout loans by five years, to make it easier for it to service its debt, a Greek newspaper said on Saturday, citing an IMF official.
“We have the possibility to extend the repayment period … from about six years to around 11,” the newspaper Realnews quoted Poul Thomsen, the IMF official in charge of the Greek bailout, as saying in an interview.
Greek, EU and IMF officials have repeatedly mooted the possibility of extending the period in which Greece must repay its 110 billion euro (US$145.9 billion) bailout loans.